• Apartment Construction Falls Short of  Residential Demand; Rent Skyrockets

    Apartment Construction Falls Short of Residential Demand; Rent Skyrockets0

    Economic growth underpins strong apartment absorption. Corporate expansions continue to drive in-migration as companies and job seekers seek refuge from the high costs found in other major metros. Allstate Insurance is building a new corporate campus that will provide employment for approximately 2,500 people. Other companies like Voya Financial and Nationwide Insurance have brought new

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  • Strong Apartment Performance and Low Interest Rates Draw Buyers to Phoenix

    Strong Apartment Performance and Low Interest Rates Draw Buyers to Phoenix0

    Apartment Construction Falls Short of Residential Demand; Average Effective Rent Skyrockets Economic growth underpins strong apartment absorption. Corporate expansions continue to drive in-migration as companies and job seekers seek refuge from the high costs found in other major metros. Allstate Insurance is building a new corporate campus that will provide employment for approximately 2,500 people.

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  • Phoenix Industrial 2nd Quarter 2019 Market Report

    Phoenix Industrial 2nd Quarter 2019 Market Report0

    The Phoenix industrial market showed no signs of slowing down in the second quarter, with robust leasing and sales activity, vacancy rates hovering around the record low and asking rental rates climbing to a new high, topping the previous quarter’s record rate. Net absorption posted at a healthy 2.15 million square feet of positive absorption

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